World
Will COVID-19 Force Us to Learn to Work Remotely?

“One good thing that might come out of all of this – it might force us, finally, to all learn how to work together remotely.”
That’s Ben Lee speaking, and he’s a man who knows what it means to do remote work. Lee is a serial entrepreneur and the CRO and cofounder of Rootstrap, a digital development agency that’s based in both Los Angeles and Montevideo, Uruguay. Rootstrap has been a distributed operation for years, with employees working closely together even across separate continents. Accordingly, Lee and his agency have had to become masters of remote work.
Now, in the midst of what could turn into the world’s worst pandemic since the Spanish Flu, people across virtually all sectors of the economy are getting a crash course in remote work. Many companies are adopting work-from-home policies as a method of social distancing to help flatten the curve of the COVID-19 virus. And while the crisis is serious, Lee also sees this as something of an opportunity.
“Distributed work can have a lot of advantages, well beyond the immediate crisis we’re experiencing,” he says. “But you have to know how to do it well to reap those rewards.”
In response to this new reality, Lee finds himself returning to an earlier portion of his career – only this time, he’s bringing with him all the lessons he learned in tech.
From Events to Technology
Lee may have made his name in technology, but that’s not where he got his start. He started in hospitality and events, building a company by throwing parties in high school and working his way up to managing nightclubs with revenues totaling $20 million by the time he was 18. By his early twenties, he was a bona fide investor and project leader in the LA hospitality space.
But he knew it couldn’t last.
“I’ll always have a soft spot for the hospitality industry, but man, there’s a lot of bull****,” says Lee. “And when the financial crisis hit, I knew I had to get out.”
Seeking new opportunities, he found demand in the tech space and the emerging field of app development. He started an agency with little more than two engineers and a few laptops, but within a few years, his company was working with clients like Snoop Dogg and Spotify. Eventually, that agency became Rootstrap, a company that now has nearly 100 employees with dual headquarters in LA and Montevideo.
What set Rootstrap apart from the competition was its unique approach to development. Instead of simply charging a fee for their billable hours, Rootstrap has been about outcome-driven development from the beginning. As Lee explains, they structure their development process to begin with a dedicated, standalone product ideation workshop, which helps both the client and the agency understand if there’s enough of a possible ROI to justify the cost of development.
“That’s been our biggest value proposition historically, whether we’re doing it with a startup or a Fortune 100,” says Lee.
But now, Lee is finding new opportunities based not on the work they do, but the way they do it. Because Rootstrap has been distributed across continents from the beginning, working remotely has always been a core feature of their process and culture. They’ve learned what works and what doesn’t when it comes to remote work – and now, other companies want to learn the same thing.
“Recently corporations have been hiring us to teach them how to work in distributed teams,” Lee explains. “It’s a pretty major knowledge gap in a lot of organizations, and now with COVID, I think a lot of companies are waking up to that fact.”
This knowledge deficit, combined with a pandemic that’s forcing more people than ever to work remotely, is prompting Lee to partially return to his hospitality roots. But this time, he’s working to facilitate remote events instead of physical ones.
The Future of Work
“Remote work was always going to be the future, Coronavirus is just throwing that future at us faster than we’d anticipated,” says Lee. “So I think the questions we have to answer are, how do we learn how to live, work, and learn with each other in a virtual space?”
He has a few answers to that question.
For one, Lee has been turning to TikTok as a novel way to spread basic knowledge of economics and entrepreneurship to younger generations. His @yobenlee account has grown to 24,000 followers in only a few months, with one of his recent videos on how banks use money going viral to the tune of 4.5 million views.
“For me, TikTok is kind of like a riddle I’m trying to crack,” he explains. “So many kids are on TikTok – so how can I use it to spread knowledge that they need, but may not get from school?”
He’s also doubling down on e-learning. Lee has launched a number of ecourses in the past, with subjects ranging from how to build a business to a roadmapping course made in partnership with freelancing guru Brennan Dunn. Now, both he and his company are placing a stronger focus on elearning.
“We’ve done a lot of work with MasterClass recently, and I think their model is the future,” he says. “I see college degrees getting less and less important, whereas online learning formats like that of MasterClass or Udemy will be respected and maybe even mandatory.”
But his biggest contributions in the e-learning space may be yet to come.
“What I think is necessary now is an e-course that teaches teams how to work remotely,” Lee explains. “The whole economy needs to figure out how to work efficiently in a distributed team, and that’s only going to get more important in the future, Coronavirus or no. I think that’s my next project.”
For Lee, this isn’t just a question of our response to the pandemic. It’s about a shift in the fundamental fabric of how we work together and how we navigate that shift as a society. Remote work can be either a blessing or a curse: done well, it can cause efficiency to skyrocket, but it can just as easily lead to fractured, disparate, and dysfunctional teams. Right now, Lee sees an opportunity to shift our course towards the former rather than the latter.
He has a point. While the future is deeply uncertain, we can be sure that the world will not look the same after Coronavirus. The choices we make now will have long-lasting impacts on what that post-COVID future looks like – and if we can navigate the transition to remote work effectively, that means a brighter future for all of us.
World
TRG Chairman Khaishgi and CEO Aslam implicated in $150 million fraud

In a scathing 52-page decision, the Sindh High Court has found that TRG Pakistan’s management was acting fraudulently and that Bermuda-based Greentree Holdings historic and prospective purchase of TRG shares were illegal, fraudulent and oppressive.
The Sindh High Court has further directed TRGP to immediately hold board elections that have been overdue and illegally withheld by the existing board since January 14, 2025.
In the landmark ruling, the Sindh High Court has blocked the attempted takeover of TRG Pakistan Limited by Greentree Holdings, declaring that the shares acquired by Greentree, nearly 30% of TRG’s stock, were unlawfully financed using TRG’s funds in violation of Section 86(2) of the Companies Act 2017.
“Having concluded that the affairs of TRGP are being conducted in an unlawful and fraudulent manner and in a manner oppressive to members such as the Petitioner (Zia Chishti), the case falls for corrective orders under sub-section (2) of section 286 of the Companies Act,” Justice Adnan Iqbal Chaudhry concluded.
The case was brought by TRGP former CEO and founder Pakistani-American technology entrepreneur Zia Chishti against TRG Pakistan, its associate TRG International and TRG International’s wholly-owned shell company Greentree Limited. In addition, the case named AKD Securities for managing Greentree’s illegal tender offer as well as various regulators requiring that they act to perform their regulatory duties.
The case centred around the dispute that shell company Greentree Limited was fraudulently using TRG Pakistan’s own funds to purchase TRG Pakistan’s shares in order to give control to Zia Chishti’s former partners Mohammed Khaishgi, Hasnain Aslam and Pinebridge Investments.
According to the case facts, the Chairman of TRG Pakistan Mohammed Khaishgi and the CEO of TRG Pakistan Hasnain Aslam masterminded the $150 million fraud. They did so together with Hong Kong based fund manager Pinebridge who has two nominees on TRG Pakistan’s board, Mr. John Leone and Mr. Patrick McGinnis.
According to the court papers, Khaishgi, Aslam, Leone, and McGinnis set up a shell company called Greentree which they secretly controlled and from which they started buying up shares of TRG Pakistan. The fraud was that Greentree was using TRG Pakistan’s funds itself. The idea was to give Khaishgi, Aslam, Leone, and McGinnis control over TRG Pakistan even though they owned less than 1% of the company, lawyers of the petitioner told the court.
This was all part of a broader battle for control over TRG Pakistan that is raging between Khaishgi, Aslam, Leone, and McGinnis on one side and TRG Pakistan founder Zia Chishti on the other side. Zia Chishti has been trying to retake control of TRG Pakistan after he was forced to resign in 2021 based on sexual misconduct allegations made by a former employee of his. This year those allegations were shown to be without basis in litigation that Chishti launched in the United Kingdom against The Telegraph newspaper which had printed the allegations. The Telegraph was forced to apologize for 13 separate articles it published about Chishti and paid him damages and legal costs.
After Chishti resigned in 2021, Khaishgi, Aslam, Leone, and McGinnis moved to take total control over TRG Pakistan and its various subsidiaries including TRG International and to block out Chishti. The Sindh High Court’s ruling today has reversed that effort, ruling the scheme fraudulent, illegal, and oppressive.
It now appears that Zia Chishti will take control of TRG Pakistan in short order when elections are called. He and his family are now the largest shareholders with over 30% interest. He is closely followed by companies related to Jahangir Siddiqui & Company which have over a 20% interest. The result appears to be a complete vindication for Zia Chishti and damning for his rivals Aslam, Khaishgi, Leone, and McGinnis who have been ruled to have been conducting a fraud.
TRG Pakistan’s share price declined by over 8% on the news on heavy volume. Market experts say that this was because the tender offer at Rs 75 was gone and that now shares would trade closer to their natural value. Presently the shares are trading at Rs 59 per share.
According to the court ruling, since 2021, shell company Greentree had purchased approximately 30% of TRG shares using $80 million of TRG’s own money, which means that that the directors of TRG Pakistan allowed company assets to be funneled through offshore affiliates TRG International and Greentree for acquiring TRG’s shares – a move deemed both fraudulent and oppressive to minority shareholders. The Sindh High Court also found illegal Greentree’s further attempt to purchase another 35% of TRG shares using another $70 million of TRG’s money in a tender offer.
The ruling is a major victory for the tech entrepreneur Zia Chishti against his former partners and the legal ruling paves the way for him to take control of TRG in a few weeks.
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